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Rakesh Jhunjhunwala-backed NCC manages debt woes, faces rough ride in Andhra Pradesh

Infrastructure

19 November, 2019

Rakesh Jhunjhunwala-backed NCC manages debt woes, faces rough ride in Andhra Pradesh

Ever since the new Andhra Pradesh government led by chief minister YS Jaganmohan Reddy took office in May, infrastructure and...

Grapevine: EuroKids in talks to buy Kidzee; Indonesian billionaire eyes Videocon

General

19 November, 2019

Grapevine: EuroKids in talks to buy Kidzee; Indonesian billionaire eyes Videocon

Playschool chain EuroKids is in preliminary talks to acquire the Essel Group-operated Kidzee for between Rs 1,000-Rs 1,200 crore...

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Company watch: Peepul Capital-owned Unibic boosts sales, struggles with profitability

Consumer

19 November, 2019

Company watch: Peepul Capital-owned Unibic boosts sales, struggles with profitability

Unibic Foods India Pvt. Ltd clocked healthy revenue growth for the year ended March 2019 as it expanded its biscuit-making ......

Tata Steel plans to cut up to 3,000 European jobs

Manufacturing

19 November, 2019

Tata Steel plans to cut up to 3,000 European jobs

Tata Steel plans to cut up to 3,000 jobs across its European operations, the company said on Monday, as the ......

Maruti Suzuki MAIL supports innovative startups with futuristic ideas to transform the evolving automobile and mobility space

Insights Focus

18 November, 2019

Maruti Suzuki MAIL supports innovative startups with futuristic ideas to transform the evolving automobile and mobility space

Innovation is the need of the hour, but open Innovation is what is driving businesses to come up with cutting ......

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Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies

Consumer

18 November, 2019

Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies

The slowdown in Indian consumer demand that was initially rebuffed as a behavioural change by car buyers has spread faster ......

Govt looks to relax norms to attract global coal miners, industry sceptical

Infrastructure

18 November, 2019

Govt looks to relax norms to attract global coal miners, industry sceptical

India is looking to lower advance payments and offer larger mining blocks to attract global companies to invest in its ......

Govt plans strategic stake sales in 28 state-run companies

Economy

18 November, 2019

Govt plans strategic stake sales in 28 state-run companies

India’s cabinet has given ‘in-principle’ approval for the sale of strategic stakes in 28 state-run companies...

Grapevine: Three PE firms in race for SRL stake; Muthoot may buy IDBI Mutual Fund

General

18 November, 2019

Grapevine: Three PE firms in race for SRL stake; Muthoot may buy IDBI Mutual Fund

Private equity firms TA Associates, Warburg Pincus and ChrysCapital have been shortlisted to acquire up to a 44% stake in ......

AIIB extends $575 mn loans for two India projects

Finance

15 November, 2019

AIIB extends $575 mn loans for two India projects

The Asian Infrastructure Investment Bank (AIIB) has approved $575 million in loans to two urban infrastructure projects in India...

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